Credit Analyst

POSITION TITLE: Credit Analyst

REPORTS TO: Chief Credit Officer FLSA: Exempt

POSITION OVERVIEW: The position of Credit Analyst is responsible for gathering and analyzing credit information on current and potential commercial loan borrowers; determines the advisability of granting credit for diversified types of commercial loans; assists loan officers in writing loan requests; promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

ESSENTIAL DUTIES and RESPONSIBILITIES, includes the following responsibilities, but not limited to:

• Collaborates with loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank’s lending policies, credit culture and current economic and industry trends.
• Assists loan officers in gathering data from customers, internal and outside sources; prepares financial statement spreadsheets and analyzes financial information including financial statements and tax returns using Moody’s or Abrigo software.
• Analyzes financial statements, tax returns, and industry data along with compiling data from credit bureaus, peer comparisons, and performing collateral and cash flow analyses and other such tasks and comparisons.
• Prepares financial reviews and reports; makes recommendations on risk ratings to loan officers.
• Informs loan officers when up-to-date financial statements are needed for commercial accounts; ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
• Assist loan officers in the review and renewal of credit facilities; provides primary and secondary customer contact support as directed by the loan officer; attends customer calls and meetings as needed.
• Assist in monitoring and management of portfolio performance to support growth and early identification of risks.
• Checks pledged assets as requested by loan officers.
• Assists with ongoing computerization of the credit department, including contributing to the continuous improvement of credit processes, templates, and tools.
• Develops knowledge of financial industry, economy, market conditions, rates, vendors and competition.
• Supports special projects, loan reviews, and audits assigned.
• Represents the Bank in various community, civic, and community reinvestment functions and events to further enhance the Bank’s image and develop additional business.
• Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
• Answers telephones, answers questions and directs callers to proper Bank personnel.
• Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.

PREFERRED QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree or equivalent from a four-year college or university in finance, accounting, economics or related field. Two or more years of related experience and/or training. Work-related experience should consist of a financial analyzing or lending background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
• Basic experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
• Strong analytical skills and problem-solving skills with high level of attention to detail
• Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
• Basic knowledge of related state and federal loan regulations and other Bank lending policies.
• Ability to effectively present information and respond to questions from groups of managers, customers, and members of the general public.
• Proficiency in Excel and financial modeling, familiarity with Moody’s and Abrigo or similar software.
• Basic math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.

SUPERVISORY RESPONSIBILITIES: N/A

Direct Reports: N/A

PHYSICAL and ENVIRONMENTAL CONDITIONS

The incumbent is in a non-confined office-type setting in which they are free to move about at will. The position includes driving a Bank or personal owned vehicle approximately 5-15 percent of the time which includes exposure to the outside weather elements and moving mechanical parts. It may include some minor annoyances such as noise, odors, drafts, etc.

The incumbent in the course of performing this position spends time writing, typing, speaking, listening, driving, carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.

The incumbent for this position may operate any or all of the following: telephone, smart phone, copy and fax machines, adding machine (calculator), scanner and image systems, scanning equipment, encoder, money counter, credit card terminal, typewriter, computer terminal, laptop computer, personal computer, tablet, printers, or other equipment as directed.